INAUGURAL MIAMI FINANCE CONFERENCE
BEHAVIORAL FINANCE
http://www.bus.miami.edu/bfc2010
KEYNOTE SPEAKER:
- William Goetzmann, Yale University
PROGRAM COMMITTEE CHAIR:
- Campbell Harvey, Duke University
UNIVERSITY OF MIAMI ORGANIZER:
- Alok Kumar, University of Miami and University of Texas at Austin
AGENDA:
Thursday, December 16, 2010
7:00-9:00 pm
- Reception, Biltmore Hotel
Friday, December 17, 2010
7:30-8:00 am
- Continental Breakfast: Outside Storer Auditorium, School of Business Administration, University of Miami
8:00-8:15
- Welcome Remarks: Barbara Kahn, Dean, School of Business Administration, University of Miami
- Conference Program Overview: Campbell Harvey, Program Committee Chair
8:15-9:00
- How Wise Are Crowds? Insights from Retail Orders and Stock Returns
- Eric Kelley (University of Arizona)
- Paul Tetlock (Columbia University)
Discussant: Scott Weisbenner, University of Illinois
9:00-9:45
- Does Stock Ownership Breadth Measure Short-Sales Constraints or Sentiment?
- James Choi (Yale University)
- Li Jin (Harvard University)
- Hongjun Yan (Yale University)
Discussant: Warren Bailey, Cornell University
9:45-10:15
- Coffee Break
10:15-11:00
- Trading Complex Assets
- Bruce Carlin (University of California at Los Angeles)
- Shimon Kogan (University of Texas at Austin)
Discussant: Jeffrey Hales, Georgia Institute of Technology
11:00-11:45
- Realization Utility and Regret Signals in the Brain are Associated with Suboptimal Stock-Market Transactions
- Cary Frydman (California Institute of Technology)
- Nicholas Barberis (Yale University)
- Colin Camerer (CalTech)
- Peter Bossaerts (CalTech)
- Antonio Rangel (CalTech)
Discussant: Lin Peng, Baruch College
11:45-12:30
- Different Affective Learning Systems Contribute to the Accumulation of Assets and Debt
- Brian Knutson (Stanford University)
- Camelia Kuhnen (Northwestern University)
- Gregory Samanez-Larkin (Vanderbilt University)
Discussant: Nick Barberis, Yale University
12:30-2:00
- Lunch
Keynote Speech: William Goetzmann, Yale University
2:00-2:45
- Acquisitions as Lotteries: Do Gambling Attitudes Influence Takeover Decisions?
- Christoph Schneider (University of Mannheim)
- Oliver Spalt (Tilburg University)
Discussant: Gennaro Bernile, University of Miami
2:45-3:30
- Institutional Investors' Investment Durations and Stock Return Anomalies: Momentum, Reversal, Accruals, Share Issuance and R&D Increases
- Martijn Cremers (Yale University)
- Ankur Pareek (Rutgers University)
Discussant: Anna Scherbina, University of California at Davis
4:00-7:00
- Optional Activity: Biscayne Bay Sunset Cruise, Dinner Key Marina or 9-Hole Golf, Hotel Biltmore
7:00-9:30
- Dinner: Chart House Restaurant, Dinner Key Marina
Saturday, December 18, 2010
7:45-8:15 am
- Continental Breakfast: Outside Storer Auditorium, School of Business Administration, University of Miami
8:15-9:00
- Does Information Dissemination Mitigate Bubbles?
- Sandro Andrade (University of Miami)
- Jiangze Bian (University of International Business and
Economics)
- Tim Burch (University of Miami)
Discussant: Utpal Bhattacharya, Indiana University
9:00-9:45
- Index Investment and Financialization of Commodities
- Ke Tang (Renmin University) and Wei Xiong (Princeton
University)
Discussant: Jialin Yu, Columbia University
9:45-10:15
- Coffee Break
10:15-11:00
- Local Investors, Price Discovery and Market Efficiency
- Sophie Shive, University of Notre Dame
Discussant: Chris Parsons, University of North Carolina
at Chapel Hill
11:00-11:45
- Complicated Firms
- Lauren Cohen (Harvard Business School)
- Dong Lou (London School of Economics)
Discussant: Kewei Hou, Ohio State University
11:45-1:00
- Lunch
1:00-1:45
- Probability Weighting Functions Implied by Options Prices
- Valery Polkovnichenko (University of Texas at Dallas)
- Feng Zhao (University of Texas at Dallas)
Discussant: George Korniotis, University of Miami
1:45-2:30
- The Origins of Savings Behavior
- Henrik Cronqvist (Claremont McKenna College)
- Stephan Siegel (University of Washington)
Discussant: Jim Weston, Rice University
